CHINA COMMUNICA/ADR (CCCGY) Hits New 52-Week Low at $17.65

CHINA COMMUNICA/ADR (OTCMKTS:CCCGY) shares hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as $17.65 and last traded at $17.65, with a volume of 323 shares trading hands. The stock had previously closed at $18.09.

Several brokerages have recently issued reports on CCCGY. Zacks Investment Research raised shares of CHINA COMMUNICA/ADR from a “sell” rating to a “hold” rating in a research note on Tuesday, May 7th. ValuEngine lowered shares of CHINA COMMUNICA/ADR from a “hold” rating to a “sell” rating in a research note on Friday, March 1st.

The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.93 and a current ratio of 1.04.

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China Communications Construction Company Limited, together with its subsidiaries, engages in the infrastructure construction, infrastructure design, dredging, and other businesses. The company is involved in the construction of ports, roads and bridges, railways, municipal and environmental projects, etc.; and provision of infrastructure design services, including consulting and planning, feasibility study, survey and design, engineering consultancy, engineering measurement and technical research, project management, project supervision, general project contracting, compilation of industry standards and codes, etc.

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